It looks like this descending trendline will be broken in the following days/weeks. Then we could see a continuation of the bullish trend in this stock. According to fundamentals, it's somewhat likely that this mining corporation will benefit from the worldwide money inflation.
Technically, with a break of the trendline and a bullish impulse, the moving averages...
There is still plenty of room on the downside for the Newmont stock and we expect it to use it to the fullest. The next big step is the breaching of the support line at $54.18, however the stock should not fall below $46.07. If it does so: RUN FOREST, RUN!
SUMMARY:
IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America and West Africa. Within these regions the Company is developing high potential mining districts that encompass operating mines, construction, development, and exploration projects.
SWING TRADE:
Entry 'long' @ US$ 3.30
Price action has completed...
About Gold Terra's Yellowknife City Gold Project
The YCG project encompasses 800 sq. km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, Gold Terra controls one of the six major high-grade gold camps in Canada. Being within 10 kilometres of the City of Yellowknife, the...
I invested in GPL as it was an essential mining company for precious metals. Considering the price of precious metals are skyrocketing, so are the mining companies stocks. Great Panther silver has recently turned from a down trend to an uptrend. Just waiting on a retest of a trendline or a fib level before I sell some indecisive stocks and place them on GPL.
FA:
Mineable Coin
Privacy coins are going through a make or break year in terms of regulatory terms
Making strong progress in terms of Mainnet, Wallet development and introduction of Atomic Swaps
Venture Capitalist Backed Funding (Sell Pressure at highs)
TA:
FIb Retracement shows we can expect further upward movement and then some downward pressure
We can use the...
Similar to a few gold stocks , AUY just keeps treading water. I'm looking for these gold names to start moving (in one direction or another at least). If they finally break down, I can stop watching. But something tells me with the slower growth in global economies, it might not be time to ignore gold right now. Obviously we'll see but for the time being, can...
